Indices & ETFs

[hanera]

@manch

Well what about these bearish divergences? No crashes.

First thing first, did you learn commutative and noncommutative operations in mathematics ?

Assuming you do, are you assuming commutative property here? Why do you assume that?

Occurrence of event A should have the occurrence of event B doesn’t mean occurrence of event B will lead to occurrence of event A.

To use RSI effectively, there are many tricks of the trade See quote below… comment on Puru’s testing. RSI is extremely reliable yet many people don’t know how to use it effectively Trick of the trade

@hanera

And I doubt he understands how to use RSI! For his testing, I wonder whether he merely use overbought and oversold or use divergence. And for divergence, there is a lot more story than meet the eyes! Tricks of the trade, I don’t think he knows

@manch

Whatever TA most people do is super easy to program on a computer.

You are assuming they know how to use them effectively

@manch

One would think if these simple TA’s worked in the past, like way back in the pre-computer past, it would have stopped working for a long time now.

That’s not true. Because many people don’t understand TA or don’t know how to use them effectively. Many traders are still using moving averages, basic support/ resistance/ trend lines, RSI and MACD.